Ethereum Surges To New Heights With Record Transactions

The crypto market just experienced a historic day, marked by a massive influx of capital into Ethereum. Indeed, the second largest crypto reached an all-time high of $38 billion in daily transaction volume, a threshold never crossed before. This peak in activity coincides with high volatility in the price, which dropped to $2,152 before rising to $2,919. In an unexpected turn, Eric Trump, the son of the American president, publicly expressed his optimism about investing in ETH. His statement comes as significant transfers of ETH to Coinbase have been observed, reinforcing speculations about increasing institutional interest. This dual signal, between record volume and unexpected political support, raises many questions about the market’s evolution and the important role of Ethereum in the crypto ecosystem.

A record volume confirming growing interest in Ethereum

The crypto market has experienced exceptional activity, propelling Ethereum to a level never before reached. In just one day, its spot transaction volume surpassed $38 billion, an all-time high confirmed by David Lawant, head of research at FalconX, in a post on social media X (formerly Twitter) on February 4, 2025. This level far exceeds previous recorded highs and demonstrates the growing interest in the second largest crypto on the market.

At the same time, Bitcoin also saw a strong influx, with $49 billion in trading volume, marking its third highest historical level. This massive movement of liquidity was accompanied by significant price volatility. During this day, Ethereum dropped to $2,152 before bouncing back to $2,919. This brutal fluctuation fits into a broader context of a jittery market, where investors seek to capitalize on fluctuations to maximize their profits. In light of this dynamic, Ethereum is increasingly establishing itself as a strategic asset, attracting both short-term traders and institutional investors seeking long-term exposure.

The surprising intervention of Eric Trump and its impact on the market

As Ethereum’s volume record was capturing the market’s attention, an unexpected statement intensified the debate. Eric Trump, the son of the American president, publicly displayed his optimism about investing in Ethereum. On social media X (formerly Twitter), he posted a message on February 3, 2025, in which he asserts: “In my opinion, this is a great time to accumulate ETH. You’ll thank me later.” This stance surprised many observers, as the Trump family has always been perceived as pro-Bitcoin, to the detriment of other cryptos.

In the hours following this statement, significant financial movements were detected, reinforcing speculation about increasing institutional interest in Ethereum. World Liberty Finance transferred large amounts of ETH to Coinbase, one of the main exchange platforms in the United States. This temporal coincidence between Eric Trump’s message and these capital flows raises questions about the involvement of large institutions in Ethereum’s rise. Such renewed interest occurs as U.S. regulations on cryptos rapidly evolve, notably with the rise of Ethereum ETFs, which are increasingly attracting traditional investors.

This double event raises questions about Ethereum’s evolution and its positioning in the financial ecosystem. If the observed interest in ETH is maintained, it could accelerate its adoption by traditional investors, reinforcing the momentum of Ethereum ETFs, which are already recording record volumes in the United States. However, the heightened volatility of the crypto market reminds us that these phases of euphoria often accompany abrupt corrections. The extent of this enthusiasm will depend on the upcoming decisions of financial institutions and U.S. regulatory developments, which could influence Ethereum’s trajectory. One certainty remains: ETH continues to assert its central role in investment strategies, confirming its growing importance in the crypto landscape.